ICICI Bank Home Loan Interest Rate
ICICI Bank Home Loan Interest Rate
ICICI home loan interest rate 2025 is 7.65%, depending on the credit score of the borrower. The higher the credit score, the lower the interest rate charged for repaying a home loan they take from the bank. Usually, as seen from the tables below, the ICICI bank home loan interest rate 2025 is lower for people with salaried jobs than for self-employed people. For example, if the home loan amount is Rs. 35 lakhs or lower, a borrower will have to pay interest between 8.75% and 9.65%, depending on their credit score, provided they are working in a salaried job. For self-employed individuals, this rate will go up to between 9.40% and 9.80%.
ICICI Bank Home Loan EMI Calculator
Your Monthly EMI
₹ 77,530
Total Principal
₹ 1,00,00,000
Total Interest
₹ 86,07,174
Total Payable
₹ 1,86,07,174
ICICI Bank Home Loan Key Highlights
Amount of Loan
Up to Rs. 5 crores
Rate of Interest
7.65%
Processing Fees
0.50% of the loan amount, along with the applicable taxes.
Max Tenure for Loan Repayment
30 years
| Loan Category | Rate of Interest on Home Loan |
|---|---|
| Salaried | 7.65 % p.a. onwards |
| Self-Employed | 8.75% - 8.85% p.a. onwards |
Standard Home Loan Rates of Interest for Salaried and Self-Employed Applicants
ICICI Bank Home Loan Interest Rates for All Schemes In India
ICICI Bank offers a wide range of home loans for interested borrowers, and they may be enumerated as below:
| Plan Interest Rate | Plan Interest Rate |
|---|---|
| Express Home Loan | Starting at 9.10% |
| NRI Home Loan | Between 9.10% and 10.25% |
| Balance Transfer Home Loan | Starting at 9.10% |
| Money Saver Home Loan | Starting at 9.10% |
| Extra Home Loan | Starting at 9.10% |
ICICI Bank Home Loan Interest Rates for Balance Transfer, Top Up, and Overdraft
ICICI Bank, in line with other renowned financial institutions, takes pride in providing its customers with three convenient options to enhance the comfort of home loans. These options are detailed below:
ICICI Bank Home Loan Top-Up
The ICICI Insta Top Up Loan scheme is meant for borrowers who already have a home loan with the bank. The ICICI home loan top-up interest rate 9.00% to 9.10% p.a. This loan is preapproved till an amount of Rs. 1 crore. Borrowers can apply for this loan through short message service (SMS), internet banking, and the Mobile app. They also need not provide any documentation for this.
ICICI Bank Home Loan Overdraft Option
The ICICI Bank Home Loan Overdraft facility's main aim is to help existing home loan borrowers deposit extra funds in a linked overdraft account and withdraw money as per their requirements. However, there is a predetermined limit with regard to the amount that can be deposited in this case. In this case, the bank charges interest only when the borrower withdraws money. In this case, the loan amount ranges between Rs. 5 lakhs and Rs. 5 crores.
ICICI Home Loan EMI Calculation 2025
| Loan Amount | Rate of Interest | EMI for 10-Year Loan Tenure | EMI for 20-Year Loan Tenure | EMI for 30-Year Loan Tenure |
|---|---|---|---|---|
| Rs. 10 lakh | 9.00% pa | 12,668 | 8,997 | 8,046 |
| Rs. 20 lakh | 9.00% pa | 25,335 | 17,995 | 16,092 |
| Rs. 30 lakh | 9.00% pa | 38,003 | 26,992 | 24,139 |
| Rs. 40 lakh | 9.00% pa | 50,670 | 35,989 | 32,185 |
| Rs. 50 lakh | 9.00% pa | 63,338 | 44,986 | 40,231 |
| Rs. 60 lakh | 9.00% pa | 76,005 | 53,984 | 48,277 |
| Rs. 70 lakh | 9.00% pa | 88,673 | 62,981 | 56,324 |
| Rs. 80 lakh | 9.00% pa | 1,01,341 | 71,978 | 64,370 |
| Rs. 90 lakh | 9.00% pa | 1,14,008 | 80,975 | 72,416 |
| Rs. 1 crore | 9.00% pa | 1,26,676 | 89,973 | 80,462 |
Disclaimer:
Kindly note that the figures in the abovementioned table are calculated based on the lowest rate of 9.00% offered by ICICI Bank on its home loans. This amount will change depending on factors such as interest rate, repayment tenure, and the monthly income of the borrower.
How to Calculate ICICI Bank Home Loan Interest Rates?
Before people go looking for a home loan from ICICI Bank, they must get a fair idea of the financial ramifications of the same. This is why it is so critical that they use calculators such as EMI to calculate the interest rate and find out the EMI structure that they would have to deal with. This will also help them find an EMI amount that they would be able to pay easily for the foreseeable future.
Compare ICICI Bank Home Loan Interest Rate with Top Banks
While ICICI Bank provides competitive interest rates across its range of home loan products, we recommend thoroughly comparing with other banks and NBFCs before proceeding with your ICICI home loan application. The table below presents the interest rates and processing fees of prominent banks and NBFCs in India that offer home loans, facilitating a comprehensive comparison with ICICI Home Loans.
ICICI Bank Home Loan Balance Transfer
The bank offers borrowers two balance transfer loan options: ICICI Bank Home Loan Balance Transfer and ICICI Bank Pre-Approved (Instant) Balance Transfer.
Go to the Repay Right section on the BASIC Home Loan website - Repay Right
In the section, fill out the provided form with requisite details on the current outstanding loan amount, existing rate of interest per annum, new rate of interest per annum, existing loan repayment tenure, and existing EMI paid on the loan amount.
Click on Next once you have entered the required details on the form.
You can see your total savings with the ICICI Bank Home Loan Balance Transfer option on the next page.
You can also choose to get in touch with one of the team representatives of BASIC Home Loan, who can help maximize your savings with ICICI Balance Transfer on home loans.
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